Put to the Test
Forbes Indonesia|July 2020
Seegene’s CEO Chun Jong-yoon can’t make his Covid-19 tests fast enough to fill demand.
Zinone Lee
Put to the Test

On December 31, the first news reached South Korea of a cluster of coronavirus infections in Wuhan. Seegene’s chief executive Chun Jong-yoon, 63, was already anticipating the worst, as the risk of a global outbreak was high. Chun immediately ceased all other work at his Seoul-based biotech firm, Seegene, and ordered his lead researcher and staff to focus entirely on producing a diagnostic kit for the Covid-19. “Development needed to be very fast,” Chun says. “Before the situation became more serious, we had to be prepared.”

In two weeks Seegene had developed its test, the Allplex 2019-nCoV Assay. On January 27, following the first confirmed case in South Korea, Chun received an urgent call from the Korea Centers for Disease Control and Prevention (KCDC); the agency requested the testing kit for review and soon learned that Seegene’s development process aligned closely with the guidelines of the KCDC.

On February 12, the KCDC approved Seegene’s kit for use. Such go-aheads typically take at least six months; European health authorities gave approval five days earlier. “It was an urgent matter so it was important to respond quickly,” Chun says. “The fact that the KCDC approved this in two weeks was unprecedented.”

It was the availability of Seegene’s test kits, along with the government’s rapid response to do massive testing and other measures, that helped South Korea contain the spread of Covid-19. In a country of 51 million, South Korea has recorded less than 10,000 cases, below the figure for Switzerland, with a population of 8.6 million.

Esta historia es de la edición July 2020 de Forbes Indonesia.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición July 2020 de Forbes Indonesia.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE FORBES INDONESIAVer todo
BACK ON TRACK
Forbes Indonesia

BACK ON TRACK

Collective wealth gets a 21% boost to a record $162 billion amid an economic uptick.

time-read
10+ minutos  |
December 2021
Championing Locals
Forbes Indonesia

Championing Locals

The wave of social commerce is enabling inclusive digital economies beyond urban areas.

time-read
6 minutos  |
December 2021
Boys in the Bubble
Forbes Indonesia

Boys in the Bubble

Startups are supposed to specialize, but OPENSEA’s founders thrived by building a wide-open market for creating and trading all manner of NFTs, whether art, music or gaming. Now that they’re centimillionaires and poised to become billionaires, they have other worries: competitors, fraudsters and the next crypto crash.

time-read
6 minutos  |
December 2021
Enduring Relations
Forbes Indonesia

Enduring Relations

The implementation of IA-CEPA amid the pandemic signifies the Indonesia-Australia’s commitment to recover and counter future challenges together.

time-read
6 minutos  |
December 2021
Sweet Success
Forbes Indonesia

Sweet Success

Steven Erwin envisions Unifam to become a major global player in the confectionery and F&B industry.

time-read
5 minutos  |
December 2021
Marathon Man
Forbes Indonesia

Marathon Man

Across America, scores of municipal pension funds remain scandalously underfunded. But not the pension fund of Tampa’s police and firemen, thanks in large part to JAY BOWEN, whose no-frills approach to stock picking has protected and served them for more than 45 years.

time-read
5 minutos  |
December 2021
Gold Rallies on Inflation Fears
Forbes Indonesia

Gold Rallies on Inflation Fears

During September the price of gold rallied to $1,868 per ounce following the release of figures on US inflation by the Bureau of Labor Statistics which indicated that, as of September, CPI inflation had rocketed to 6.2%, above the 5.8% which economists had been predicting.

time-read
2 minutos  |
December 2021
Set Off to A New Start
Forbes Indonesia

Set Off to A New Start

Bank Aladin has two main ingredients for success: establish trust and offer better customer experiences.

time-read
5 minutos  |
December 2021
The Daily Intake
Forbes Indonesia

The Daily Intake

YOUVIT plans to invest further into marketing and grow into one of the leading vitamin brands in Indonesia.

time-read
4 minutos  |
December 2021
THE CROESUS OF CRYPTO
Forbes Indonesia

THE CROESUS OF CRYPTO

FTX COFOUNDER SAM BANKMAN-FRIED BUILT A $22.5 BILLION FORTUNE BEFORE HIS 30TH BIRTHDAY BY PROFITING OFF THE CRYPTOCURRENCY FRENZY—BUT HE’S NOT A TRUE BELIEVER. HE JUST WANTS HIS WEALTH TO SURVIVE LONG ENOUGH TO GIVE IT ALL AWAY.

time-read
10+ minutos  |
November 2021